3660 State St, Salem, OR 97301
Property image
Property image
OFF MARKET
Listed by ALEX MCCARTHY, John L. Scott-Salem, (503) 585-0100 . Bought with Smi Real Estate

3660 State St
Salem, OR 97301

Southeast Salem
  • 10 Beds
  • 4 Baths
  • 3,988 sqft (on 0.32 acres)

$783,300

Trulia Estimate
as of Jul 9, 2026
Est. Refi. Payment $4,479/mo*
Refinance Your Home

$783,300

Trulia Estimate
as of Jul 9, 2026
Est. Refi. Payment $4,479/mo*
Refinance Your Home
10 Beds
4 Baths
3,988 sqft
(on 0.32 acres)

Local Information

  • Map ViewExplore the area around 3660 State St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 3 hours ago
Listed by ALEX MCCARTHY, (541) 514-1779
John L. Scott-Salem
Bought with: Trevor Howard, Smi Real Estate
Source: WVMLS, MLS#813345

Description

Rare Fourplex Investment Opportunity in Salem! This villa-style multifamily complex features two 2/1 units and two 3/1 units for a total of 10 beds across all 4 units. Complex is currently fully-rented at market rate with 7.71% CAP on actuals, and 8.61% pro-forma based on 10% increase in global rents. Separate 4-car garage offers covered parking/storage. Tucked in between Lancaster and I5 for easy commuting.
3660 State St, Salem, OR 97301 is a 10 bedroom, 4 bathroom, 3,988 sqft multi-family in Southeast Salem, built in 1977. It last sold for the $725,000 asking price on Jun 11, 2024. It is currently off market. The Trulia Estimate is $783,300, with a rent estimate of $1,674/month.

Home Highlights

Parking
Garage
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 3660 State St

Interior Features

Beds & Baths
Number of Bedrooms: 10Number of Bathrooms: 4
Dimensions and Layout
Living Area: 3988 Square Feet
Fireplace & Spa
No Fireplace

Exterior Features

Exterior Home Features
Exterior: Green
Parking & Garage
GarageParking: Garage/1

Property Information

Year Built
Year Built: 1977
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Building Name: State Street 4plexNot a New Construction

Price & Status

Price
List Price: $725,000
Status Change & Dates
Off Market Date: Tue Jun 11 2024Possession Timing: COE

Active Status

MLS Status: SOLD

Media

Location

Direction & Address
City: Salem
School Information
Elementary School: Four CornersJr High / Middle School: HouckHigh School: South Salem

Building

Building Area
Building Area: 3988 Square Feet

Lot Information

Lot Area: 0.32 acres

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

Mls Number: 813345Attribution Contact: 541-514-1779

Price History for 3660 State St

DatePriceEventSource
06/11/2024$725,000Sold
WVMLS #813345
06/04/2024$725,000PendingWVMLS #813345
05/02/2024$725,000ContingentWVMLS #813345
05/02/2024$725,000PendingRMLS (OR) #24246411
04/23/2024$725,000PriceChange
RMLS (OR) #24246411
04/18/2024$850,000PendingToActiveRMLS (OR) #24246411
04/03/2024$850,000ContingentWVMLS #813345
04/03/2024$850,000PendingRMLS (OR) #24246411
02/20/2024$850,000Listed For SaleWVMLS #813345

Market trends in Salem

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$422K
$3.82KMoM
Sale-to-List Price
100.0%
Price per sq ft
$270
$5MoM
Available listings
822
118MoM
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Comparable Sales for 3660 State St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
131-137 37th Ave SE, Salem, OR
0.01
Multi-Family Home
$670,000
09/05/25
8
4
3,560
3928 Auburn Rd NE, Salem, OR
0.60
Multi-Family Home
$599,000
12/12/25
8
4
3,920
4507-4509 Boulder Dr SE #4517, Salem, OR
1.07
Multi-Family Home
$620,000
09/02/25
6
5
3,774
2585 & 2595 Lee St SE, Salem, OR
1.05
Multi-Family Home
$1,000,000
05/08/26
8
8
4,080
4862 Cougar Ct SE, Salem, OR
1.20
Multi-Family Home
$460,000
09/25/25
9
3
3,111
4821-4823 Cougar Ct SE, Salem, OR
1.14
Multi-Family Home
$485,000
01/21/26
6
4
3,040
2245-2285 Breyman St NE, Salem, OR
1.35
Multi-Family Home
$700,000
06/16/26
8
7
3,907
648 Breys Ave NE, Salem, OR
1.53
Multi-Family Home
$1,030,000
05/29/26
12
6
4,746
648-658 Breys Ave NE, Salem, OR
1.53
Multi-Family Home
$1,030,000
05/29/26
12
6
4,746

Nearby homes

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Assigned Schools

These are the assigned schools for 3660 State St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Southeast Salem
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Southeast Salem

At least 51 Trulia users voted on each feature.

  • 85 % Say there are sidewalks

  • 81 % Say car is needed

  • 73 % Say it's dog friendly

  • 70 % Say there's holiday spirit

  • 70 % Say parking is easy

  • 70 % Say yards are well-kept

  • 68 % Say kids play outside

  • 65 % Say it's walkable to restaurants

  • 56 % Say it's quiet

  • 53 % Say it's walkable to grocery stores

  • 46 % Say streets are well-lit

  • 44 % Say neighbors are friendly

  • 43 % Say they plan to stay for at least 5 years

  • 34 % Say people would walk alone at night

  • 33 % Say there's wildlife

  • 17 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Carissa Grambusch
    "Our neighbors are awesome! We are all one big neighborhood family. Everyone works together to make it a better place. "
    1
    Flag
  • Trulia User
    "Historic part of Town. Close to downtown and nightlife. Also clean here. Homeless problem is not present "
    1
    Flag
  • Trulia User
    "My neighborhood is close to everything and I liked because the people is friendly. I would like to move because I need more space "
    1
    Flag
  • Carissa G.
    "I have lived here for 2 years and everyone seems to be very friendly. a lot of my neighbors go out side a lot! christmas is my favorite holiday and I love the Christmas spirit. "
    5
    Flag
  • Natasha E.
    "There should be trackers in all children’s watches so that way if they do you happen to wander off we will know where they are.. I also think that the city of Salem should try to keep their streets and sidewalks more clean by hiring more people to maintain it"
    4
    Flag
  • Carissa G.
    "we have two ice cream trucks! the kids love it! tip, if you buy the ice cream from the white truck they are nice and polite."
    1
    Flag
  • Kelliesoto
    "It isn’t safe. I wouldn’t recommend it for kids. The school also has terrible ratings, we can’t wait to be out of here "
    2
    Flag
  • Bethany J.
    "There are a lot of really nice houses mixed with some really terrible houses. I’ve seen a lot of crime activity go on in my neighborhood in the few years I’ve been here."
    3
    Flag
  • Amy F.
    "Decent neighborhood, busy street traffic though. Lots of families with younger kids and we all lookout for each other in times or crisis, or in need of a cup of sugar or an egg. "
    1
    Flag
  • Schultz_jennifer
    "Extremely family friendly. There are quite a few homeless but they are typically friendly and appreciative of the support offered by the neighborhood."
    1
    Flag
  • Schultz_jennifer
    "Friendly neighbors who go out of their way to support one and other. Family focused and welcoming of new neighbors. Neighbors regularly check in with each other and are always offering to provide help when needed."
    5
    Flag
  • Schultz_jennifer
    "Neighborhood picnics and ice cream socials as well as kids selling lemonade. Neighbors regularly drop off food for each other."
    0
    Flag
  • Schultz_jennifer
    "Friendly neighborhood! Community focused. I feel safe and welcome in my home. I don’t plan to move!!!"
    2
    Flag
  • Jonathan O.
    "Lots of people on drugs, traffic is terrible. Witnessed three accidents in 1 week! Houses on some streets do not seem safe for kids to play outside."
    0
    Flag
  • Danielle F.
    "pretty central to everything but south salem is a terrible, trashy, drug & crime infested area.. wasted a life savings on a home I found out all too late would be impossible to get out of"
    0
    Flag
  • Sophie N.
    "bbg. spontaneous play dates with neighbors folks come out to sit talk laugh a lot. family. barter and trade. "
    0
    Flag
  • Danielle F.
    "high vagrant & prowler frequented area keeps your dog high stressed & many stray cats in the neighborhood as well as unleashed/non-fenced roaming dogs make for a hazardous situations for dog walkers"
    0
    Flag
  • Angelicaevers
    "There’s a big empty lot by our neighborhood that people take their dogs to. Lots of places to walk to nearby "
    0
    Flag
  • Rob
    "This neighborhood suffered from crime and neglect in the 1980's. A huge coordinated effort on the part of the City, schools, churches, and the neighborhood association was started in 1987 and is still ongoing. Crime dropped 27% and neighbors became reacquainted with each other and the charm of the older home neighborhood was restored. "
    17
    Flag
  • Darkeru
    "I have lived in Salem my entire life and this house since 2004. This area is improved so much over the years and a lot since we moved here. We have been here 8 years and have had no trouble at all. There is been a little in the neighborhood but not that much especially compared to 10 years ago."
    4
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

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Homes for sale near 3660 State St

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Off Market Homes Near 3660 State St

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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.